The Italian polyethylene plastic tube market was over $30 million in 2018 and is anticipated to grow at a CAGR of 5.0% during the forecast period. The plastic tubes market in Italy has significant growth opportunities due to the presence of various industries that have a rising demand for tubes. The food and beverages have significant potential to contribute to the plastic tubes market due to increased packaging capabilities in the sector. Furthermore, plastic tubes are used in the pharmaceutical manufacturing industry in order to increase hygiene and protection. Owing to this, as the pharmaceutical industry augments and as the regulatory norms become more stringent; it is expected to increase the demand for the market in the country during the forecast period.
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Italy is one of the key regions in the plastic tube market. The plastic has significant applications in domestic packaging. The Italian plastic market consists of three key sectors including plastic materials production, plastic processing and plastic, and rubber machinery. According to the International Trade Administration, the plastic market is significantly developed in Italy with 11,000 companies, about 160,000 employees and a turnover of $48.13 billion in 2017. Thus, the large share of the plastic industry in the country creates various opportunities for the market to grow in the near future.
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Market Segmentation
Italian Polyethylene Plastic Tube Market by End-User
- Pharmaceutical
- Cosmetic
- Oral Care
- Others (Food & Beverages)
Company Profiles
- Albea Services S.A.S.
- Berry Global, Inc.
- CCL Industries Corp.
- Cope Plastics, Inc.
- CTL – TH Packaging
- Essel Propack, Ltd.
- Freelin-Wade Co.
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